Assistant VP, KYC Officer, Private Bank Job Details | United Overseas Bank Limited

Assistant VP, KYC Officer, Private Bank

Location: Singapore (City Area), Singapore, SG, 048624

Company: United Overseas Bank Ltd

About UOB

United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of more than 500 branches and offices in 19 countries and territories in Asia Pacific, Europe, and North America. In Asia, we operate through our head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, and Thailand, as well as branches and offices. Our history spans more than 80 years. Over this time, we have been guided by our values – Honorable, Enterprising, United, and Committed. This means we always strive to do what is right, build for the future, work as one team, and pursue long-term success.

About the Department

UOB Private Bank is dedicated to managing the wealth of high-net-worth individuals with investment assets of $5 million and above. We provide tailored products and solutions that draw on the Group’s comprehensive suite of personal, business, and investment services.

Job Responsibilities

1. Provide quality review for onboarding/periodic ongoing reviews (OGRs) in accordance with established UOB Anti-Money Laundering (AML) policies and PB Middle Office procedures.
2. Complete assigned onboarding/OGRs within established timelines.
3. Liaise with Front Office to complete the required client profiling, including SOW corroboration with supporting evidence, plausibility of the wealth accumulation journey, and source of funds (SOF).
4. Perform independent assessment of OGRs previously closed with conditions and decide whether to conclude with unwinding of conditions or escalate with a well-thought-out action plan/closure strategy.
5. Provide prompt, concise guidance to stakeholders and handle escalations expeditiously.
6. Proactively identify areas of improvement and suggest viable solutions.
7. Participate in AML-related projects as a content provider or stakeholder.
8. Participate in any ad-hoc tasks as assigned.

Job Requirements

1. Ability to multitask and manage a high number of priorities in a fast-paced environment.
2. Strong organizational skills with excellent attention to detail.
3. Able to deliver solutions effectively and timely.
4. Able to apply lateral thinking when analyzing issues or solving problems, with experience in research and analysis of data and documents.
5. Good verbal and written communication skills, hands-on, and versatile.
6. An expert in the use of Microsoft Office applications (i.e., Excel, PowerPoint, Word).
7. Team player, self-motivated, and diligent towards attaining goals with effective time management.
8. At least 5 years of hands-on experience in the AML field (client onboarding or ongoing periodic client review) in a Private Bank, familiar with MAS626 requirements or other international AML/CFT standards.
9. Bachelor’s degree in Finance & Banking or equivalent fields.

Be a part of UOB Family

UOB is an equal opportunity employer. UOB does not discriminate based on age, race, gender, color, religion, sexual orientation, physical or mental disability, or other non-merit factors. All employment decisions at UOB are based on business needs, job requirements, and qualifications. If you require any assistance or accommodations for the recruitment process, please inform us when you submit your online application.